MaxLinear Inc (MXL)

Debt-to-capital ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands 122,996 122,840 122,684 122,529 122,375 122,219 122,064 121,910 121,757 171,607 246,450 286,298 306,153 326,027 343,022 344,116 363,592 372,457 207,486 207,197
Total stockholders’ equity US$ in thousands 516,283 556,872 617,255 637,983 686,265 702,677 746,047 734,112 676,385 615,881 569,597 527,846 489,198 457,543 433,667 420,778 391,117 396,808 401,975 408,157
Debt-to-capital ratio 0.19 0.18 0.17 0.16 0.15 0.15 0.14 0.14 0.15 0.22 0.30 0.35 0.38 0.42 0.44 0.45 0.48 0.48 0.34 0.34

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $122,996K ÷ ($122,996K + $516,283K)
= 0.19

The debt-to-capital ratio of MaxLinear Inc has shown a decreasing trend from 0.34 in March 2020 to 0.19 by the end of December 2024. This suggests that the company has been effectively managing its capital structure by reducing its reliance on debt financing relative to its total capital. A lower debt-to-capital ratio indicates a lower financial risk and a stronger financial position for the company. The decreasing trend is a positive sign as it implies that the company is becoming less leveraged over time. Overall, the decreasing debt-to-capital ratio reflects positively on the financial health and stability of MaxLinear Inc.